Saturday, May 29, 2010

Microbes that eat oil

MOP Environmental Solutions

MOP Environmental Solutions, Inc. Makes A Phenomenal Price Move
Thursday, May 13th, 2010
MOP Environmental Solutions, Inc. (MOPN.PK) made a phenomenal price jump on the market.
After being down for 6 months, MOPN’s stocks raised their price remarkably. Last week the company gained over 100%, after its stocks ran up from $0.09 to $0.19 for 1 day!
When analyzing the chart, we can see that MOP Environmental Solutions, Inc. had earlier market losses. But after being designated as a resource by both British Petroleum (BP) and the United States Coast Guard to assist for the clean up efforts in the Gulf, MOPN surged 321% to $0.16 and made a 52-week high of $0.20 with over 17.34 million shares.
Though the sudden price jump, yesterday the price change for MOPN’s stocks was -24.14% at average traded volume over 1 million shares. The ballance sheet of MOP Environmental Solutions, Inc. contains variable values and there is not enough sufficient information on the company.
Compared to MOPN, British Petroleum (BP) has pointed higher positions during the last months and is expected to strengthen the MOPN’s stocks on the market. Still we don’t know if that is a well-grounded claim or not, so we have to be aware of the future market moves. The investors are watching the situation closely as potential orders could translate to significant revenues, but they should be wary until the financials are posted.
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http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100506006220&newsLang=en

May 06, 2010 09:51 AM Eastern Daylight Time
MOP Environmental Designated as Resource by British Petroleum (BP) and U.S. Coast Guard for Gulf Oil Recovery
BATH, N.H.--(BUSINESS WIRE)--MOP Environmental Solutions, Inc. (MOPN.PK) has been designated as a “Resource” by both British Petroleum (BP) and the United States Coast Guard to assist when needed for the clean up efforts in the Gulf. The Company is communicating daily with those close to the clean up efforts and is ready to deploy product to the area at a moments notice.
“Even more convincing is the review by Randy Fletcher, Safety Specialist of British Petroleum (BP), who concluded: “The booms and pillows performed above the standards established by other booms (i.e. polypropylene) and were found more economical than the competitive brands we have used.”
During the past week the Company has been working diligently to respond to three separate “bid-requests” for large orders of booms for the Gulf Coast. The Company feels very strongly that MOP sorbent is the ultimate solution for protecting the most fragile ecosystems and fisheries along the coastline. Unlike competitors, MOP sorbents are the only oil spill remediation products on the planet that are green from “cradle-to-cradle” being manufactured with green hydro-electric power, and all natural materials that are 100% Biodegradable and 100% Recycled.
Mr. Charles Diamond, MOP Environmental Solutions President & CEO was quoted as saying, “All of us are devastated by the scope and potentially disastrous effects of the spill in Louisiana. We pray the wellhead is capped soon to stop the spill from growing worse.”
Regarding MOP he commented, “On both, an oil pickup per pound basis, and cost per pound basis, MOP out-performs every other sorbent, and is the best solution for any oil spill clean up effort, including the tragedy in the Gulf.”
Diamond emphasized, “The dwindling supplies of polypropylene, commonly believed to be the only oil sorbent available for the oil spill in the Gulf, have resulted in its scarcity and its quadrupling in cost. However, our virtually unknown MOP sorbent has always had both a cost and a performance advantage over polypropylene. This presently places our patented MOP sorbent at a tremendous advantage over polypropylene, and with recognition of the superior qualities of MOP, it could soon be the #1 sorbent of choice over all other sorbents in the market.”
“But if you’re not convinced take a closer look and you’ll see more reasons why… EPA’s review found our sorbent fibers in compliance with Title 40 of the National Contingency Plan for use on any oil spill on land or water. Polypropylene fibers are not environmentally sound, and are restricted from similar uses,” says Diamond.
“Even more convincing is the review by Randy Fletcher, Safety Specialist of British Petroleum (BP), who concluded: “The booms and pillows performed above the standards established by other booms (i.e. polypropylene) and were found more economical than the competitive brands we have used.” His letter is reproduced on our web site,” says Diamond.
When the truth is known regarding MOP quality, cost, pickup capacity, and environmental soundness, our patented MOP wins every time," said Diamond confidently.
ABOUT MOP ENVIRONMENTAL SOLUTIONS, INC.
MOP Environmental Solutions, Inc. manufactures and distributes MOP® Maximum Oil Pickup, a patented product that picks up and recovers oil spills on land and/or water. This revolutionary new absorbent material picks up to 30 times its own weight in oil, without absorbing water. It restores traction on slippery surfaces, biodegrades oil, and safely restores a clean, natural environment wherever an oil spill occurs.
MOP Environmental Solutions, Inc. is a public company traded on the Pink Sheets under the symbol MOPN. For information see www.mopenvironmental.com.
Safe Harbor for Forward Looking Statements: Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices as well as other factors addressed in the company's filings. For all such forward-looking statements, we claim the safe harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MOP Environmental Solutions, Inc. disclaims any obligation to update any forward-looking statement made herein.

http://www.carlyle.com/Media%20Room/News%20Archive/2010/item10898.html

March 18, 2010
#2010-017
The Carlyle Group and Environmental Defense Fund Launch EcoValuScreen; Innovative Due Diligence Process Identifies Hidden Economic Value


Washington, DC – The Carlyle Group (Carlyle) and Environmental Defense Fund (EDF) today announced the creation of EcoValuScreen, a pioneering business review process that unlocks opportunities for operational improvement and value creation through enhanced environmental management at potential investments. The new analytic tool was developed in partnership with The Payne Firm (Payne), an international environmental consultancy, and builds on Carlyle’s established due diligence practices and EDF’s proven Green Returns approach.
EcoValuScreen goes beyond the traditional focus of risk mitigation during the due diligence process by identifying opportunities for operational enhancements that will lead to better environmental and financial performance before making an investment. This process will be used by Carlyle professionals to more effectively evaluate the operations of a target company, identify the most promising environmental management opportunities and incorporate them into the post-investment management, governance and reporting plans of Carlyle’s portfolio companies. Carlyle will first implement EcoValuScreen in its U.S. and European buyout funds.
“Our goal is to increase returns for our investors while enhancing environmental performance,” said William E. Conway, Jr., Managing Director and Co-Founder of The Carlyle Group. “We believe that financial performance and environmental improvements are complementary and in the best interests of our investors. This builds on our earlier work to develop and implement principles for responsible investing and establishes a new best practice for private equity investments. We are pleased to partner with EDF and we continue to explore other opportunities for collaboration.”
“This is a first for the private equity sector. In an industry where environmental due diligence has been limited to the downsides of liability and risk mitigation, we now have a way to systematically uncover the upside of real opportunities to enhance business performance while improving environmental performance,” said Gwen Ruta, Vice President, Corporate Partnerships, EDF. “Together with our Green Returns framework for improving environmental performance of assets already under management, this new due diligence screen expands the significant role that environmental management can have in creating value in private equity and across the many industries and companies it touches.”
To develop the screen, Carlyle, Payne and EDF examined more than 320 current and former Carlyle portfolio companies to identify opportunities to improve efficiency, reduce costs and minimize environmental impacts across five key areas – greenhouse gas emissions, waste management, water use, priority chemicals and forest products. The analysis revealed a high correlation between environmental impacts and common business activities that occur across Carlyle’s investments. The analysis also identified specific initiatives to enhance the environmental performance of these activities while driving financial savings. The new due diligence screen is designed to be flexible, broadly applicable and easily incorporated into Carlyle’s established due diligence practices.
To validate and improve this concept, Carlyle will apply the new screen and work with EDF to make refinements as necessary. Additional information about the screen is available at http://edf.org/duediligence, and case studies of its use will be made public when available, with the mutual goal of sharing lessons learned and best practices throughout the industry.
* * * * *

Environmental Defense Fund
A leading national nonprofit organization, Environmental Defense Fund represents more than 700,000 members. Since 1967, Environmental Defense Fund has linked science, economics, law and innovative private-sector partnerships to create breakthrough solutions to the most serious environmental problems. Environmental Defense Fund has a 20 year track record of success in partnering with business. To maintain its independence and credibility, Environmental Defense Fund accepts no money from corporate partners; generous individuals and foundations fund its work. For more information, visit www.edf.org.
The Payne Firm
The Payne Firm, Inc. is an environmental consulting firm that provides full life cycle services to private equity sponsors to improve performance of their portfolio companies. The Payne Firm has served as the environmental deal advisor in over 175 transactions with enterprise value in excess of $100 billion. The Payne Firm is a member of the Inogen Environmental Alliance, a global network of 165 member offices in six continents with over 4,800 professionals world-wide. www.paynefirm.com
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Exxon Valdez Environmental Scandal Continues
EXCERPT:
The Exxon Valdez ruling: the Supreme Court once again defends big business

2 July 2008

On June 25, the next-to-last day of the current term, the United States Supreme Court slashed the punitive damages judgment for the 1989 Exxon Valdez oil spill, which devastated Alaska’s Prince William Sound. The award was reduced from $2.5 billion to only $507.5 million—an amount equivalent to a few days’ profit for the giant oil company.


BP's part in Exxon Valdez/democracy now video
BP Played Central Role in Botched Containment of 1989 Exxon Valdez Disaster
The BP oil spill is the worst to hit the United States since the Exxon Valdez disaster of 1989. The devastation in the Gulf Coast has renewed attention on BP’s key role in the botched containment of Exxon Valdez. We speak to Zygmunt Plater, an environmental law professor at Boston College who headed the legal team for the state-appointed Alaska Oil Spill Commission that investigated the 1989 Exxon Valdez spill. [includes rush transcript]

Exxon Valdez not skipper's fault
EXCERPT:
In light of the above and other findings, investigative reporter Greg Palast stated in 2008 "Forget the drunken skipper fable. As to Captain Joe Hazelwood, he was below decks, sleeping off his bender. At the helm, the third mate would never have collided with Bligh Reef had he looked at his Raycas radar. But the radar was not turned on. In fact, the tanker's radar was left broken and disabled for more than a year before the disaster, and Exxon management knew it. It was [in Exxon's view] just too expensive to fix and operate."[12]

Exxon Valdez and BP,
EXCERPT:
by Greg Palast for Truthout.org
May 5, 2010

I've seen this movie before. In 1989, I was a fraud investigator hired to dig into the cause of the Exxon Valdez disaster. Despite Exxon's name on that boat, I found the party most to blame for the destruction was ... British Petroleum. That's important to know, because the way BP caused devastation in Alaska is exactly the way BP is now sliming the entire Gulf Coast.

BP and the Exxon Valdez
EXCERPT:
Yet the leader of botched containment efforts in the critical hours after the tanker ran aground wasn't Exxon Mobil Corp. It was BP PLC, the same firm now fighting to plug the Gulf leak.

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